Charter of Boao Forum for Asia
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Preamble
The representatives from Australia, the People's Republic of Bangladesh, Brunei Darussalam, Kingdom of Cambodia, the People's Republic of China, the Republic of India, the Republic of Indonesia, the Islamic Republic of Iran, Japan, the Republic of Kazakhstan, the Kyrgyz Republic, the Lao People's Democratic Republic, Malaysia, Mongolia, the Union of Myanmar, the Kingdom of Nepal, the Islamic Republic of Pakistan, the Republic of the Philippines, the Republic of Korea,the Republic of Singapore, the Democratic Socialist Republic of Sri Lanka, the Republic of Tajikistan, the Kingdom of Thailand, Turkmenistan, the Republic of Uzbekistan, the Socialist Republic of Vietnam ("the 26 BFA Initial Countries") held a meeting at Bo'ao, Hainan Province, the People's Republic of China (the "PRC") and formally declared the establishment of Bo'ao Forum for Asia on February 27, 2001.
The Charter is prepared in accordance with the principles set forth in the Declaration on Bo'ao Forum for Asia and the Guidelines for the Charter of Bo'ao Forum for Asia.
Chapter One General
Article 1 Name
The name of the organization shall be Bo'ao Forum for Asia ("BFA").
Article 2 Nature
BFA shall be a non-government and non-profit international organization with a permanent principal location and shall hold meetings on a regular basis.
Article 3 Objectives
1. BFA shall be Asia-based so as to promote and strengthen economic exchanges, interaction and cooperation within the region, as well as between the region and other parts of the world.
2. BFA shall provide a high-level venue for dialogue between leaders from government, private enterprise, academia and other juridical associations to discuss, exchange and develop ideas in the scope of economic, social, environmental and related issues.
3. BFA shall facilitate the cooperation between its members, partners and supporting parties through its established networks.
Article 4 Legal Jurisdiction
BFA shall comply with the Constitution and applicable laws and regulations of the People's Republic of Chinaand shall respect local social customs and ethics.
Article 5 Domicile
The headquarters of BFA shall be permanently located at Bo'ao, HainanProvince, PRC. BFA's registered address shall be 1 Gold Coast Boulevard, Bo'ao, QionghaiCity, HainanProvince, PRC.
Chapter Two Business Scope
Article 6 Business Scope
The business scope of BFA shall be as follows:
1. To convene annual conferences, seminars and workshops to discuss issues ofsignificance pertaining to economic and social development in Asia and around theglobe, including finance, trade, investment and environmental concerns, etc.;
2. To propose regional and international initiatives in order to promote and strengthen the cooperative relationships between governments and economic entities;
3. To monitor economic trends and other developments affecting global and regional economies;
4. To identify issues that impact trade, finance and social development. To collect anddisseminate information to highlight opportunities for regional economic cooperation;
5. To develop networks of government, business and other organizations within the region and between the region and other parts of the world;
6. To establish and maintain a globally influential research and training center with the capacity to provide business communities with advanced management and technical skills;
7. To pursue, independently or in collaboration with others, such undertakingsas conferenceand exhibition management, information exchange, economic analysis, personnel training and e-commerce, etc., in pursuit of the overall goals of BFA.
